Zhengan Signed 35 Billion Yuan Bauxite Investment Agreement

(China Aluminum Network) Zhengan county and Hangzhou Jinjiang Group signed a bauxite development and investment agreement successfully.

It is learned that Zhengan County has proved bauxite reserves 372 million tons; prospective reserves exceed 700 million Tons. This two-stage bauxite development project invested 35 billion Yuan totally, every year plans to produce 3200 thousand tons of aluminum hydroxide, 5 million tons bauxite mine, 60,000 kilowatts captive thermal power plant, 30,000,000 cubic meters tailings pond, 500 thousand tons aluminum and aluminum deep-processing projects. After complete can provide 10000 job opportunities, realize 8 billion Yuan of taxes.

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